An earthquake in Taiwan caused…
China is raising from Wednesday…
It is Margaret Atwood’s 76th birthday, and her 2009 novel ‘The Year of the Flood‘ seems an appropriate way to sum up the crude market this…
What will happen to the economic fortunes of OPEC members if it turns out the Saudis and their Gulf Arab allies (UAE, Kuwait, and Qatar) bet…
Dubbed by many as ‘Diesel Dupe’ or ‘Dieselgate, the recent Volkswagen emission scandal has severely dented the German automaker’s reputation in the global market. Besides facing the possible recall of…
The North American oil rig count stopped falling, the first gain in several weeks. It is too early to tell if it is a trend, but the rig count could…
A lot of hope has been pinned on liquefied natural gas (LNG) exports as an outlet for surging North American gas supply. But a couple of…
One-hundred and forty-six years after the Suez canal opened in Egypt, and one-hundred and two years after the first steamship traveled through the Panama canal, the…
One of the most interesting developments in the transportation industry right now is the initial work being done on Elon Musk’s Hyperloop concept. The concept is starting to take shape…
The Paris tragedy clearly showed the world that the war on terror has gone global. If that had not already been made clear by terror bombings in Baghdad, Beirut, and…
OPEC, which has been exceeding its own oil-production cap during the past year, says output was down in October and forecasts a production drop overall next…
The UN has suggested that Africa, the poorest continent on Earth, should skip over an industrial revolution built on fossil fuels (FF) and move directly to renewable sources [1].…
This week, we take a look at some of the most importanr figures put out in the energy sector over the last seven days. With the release of the IEA’s…
We kick off with the most important data from the oil and gas sector this week:
Happy Friday 13th! This final day of the week is set to be a scream. Jumping straight into the overnight economic data, and the final print…
sub•si•dy: (s?b′s?-d?) n. pl. sub•si•dies 1. Monetary assistance granted by a government to a person or group in support of an enterprise regarded as being in…
In textbook economics, markets rapidly balance and establish prices at a point where supply equals demand and then remain in equilibrium absent any external shocks after…
According to the Association of American Railroads shows that rail traffic continues to slow down, as shipments of a range of commodities are sharply lower…
On Tonya Harding’s 45th birthday, the crude complex is on thin ice once more. The U.S. dollar is in ascendancy as the sturdiness of the European…
The Baker Hughes/Halliburton merger saga continues to drag on. Jefferies recently downgraded the probability of the deal being completed from 85 percent to 67 percent, indicating concern over the antitrust…
After some initial excitement, November has seen crude oil prices collapse back towards cycle lows amid demand doubts (e.g. slumping China oil imports, overflowing Chinese oil…
Equity markets are lit up today for Diwali, while bond markets are closed to honor our Veterans. EIA weekly inventories are accordingly delayed until tomorrow due…